Business charge card Application

Transcription

1 Business charge card Application To apply for a Business charge card just follow the five easy steps below: Complete all relevant sections in the application form using a black ballpoint pen and write clearly in CAPITAL LETTERS. Ensure you have read, completed and signed Section 1. Ensure the form is signed by the relevant parties in accordance with your bank mandate. Ensure Section 4 Individual cardholders details is completed by everyone who will be holding a card on the account. Post everything to us using the address below. It may be useful if you keep a scanned copy or photocopy of your application before you send it to us. Please send to: Lending Services The Co-operative Bank p.l.c. P.O. Box 200 Skelmersdale WN8 6GH Commercial customers: return this application directly to your Relationship Manager. All accounts opened in accordance with the Financial Services & Markets Act, Money Laundering Regulations and the Data Protection Act. For bank use only Reference number 1

2 Section 1 Important information Important Your personal information Credit decisions and the prevention of fraud and money laundering We may use credit reference and fraud prevention agencies to help us make decisions. A short guide to what we do and how both we and credit reference and fraud prevention agencies will use your information is detailed in the section called: A condensed guide to the use of your personal information by ourselves and at credit reference and fraud prevention agencies. For details of how your data may be used also read carefully the notice headed Using your personal information provided with the terms and conditions of your account and the Keeping you informed section in this application form. By confirming your agreement to proceed you are accepting that we may each use your information in this way. A condensed guide to the use of your personal and business information by ourselves and at credit reference and fraud prevention agencies 1. When you apply to us to open an account, this organisation will check the following records about you and, where applicable, your business partners and anyone to whom you are linked financially. a) Our own. b) Personal and, where applicable, business records at credit reference agencies (CRAs). When CRAs receive a search from us they will place a search footprint on your personal credit file and where applicable your business credit file that may be seen by other lenders. They supply to us both public (including the electoral register) and shared credit and fraud prevention information. c) Those at fraud prevention agencies (FPAs). d) If you are a director, we will seek confirmation from credit reference agencies, that the residential address that you provide is the same as that shown on the restricted register of directors usual addresses at Companies House. We will make checks such as assessing this application for credit and verifying identities to prevent and detect crime and money laundering. We may also make periodic searches at CRAs and FPAs to manage your account with us. 2. If you are making a joint application or tell us that you have a spouse or financial associate, we will link your records together so you must be sure that you have their agreement to disclose information about them. CRAs also link your records together and these links will remain on your and their files until such time as you or your partner successfully files for a disassociation with the CRAs to break that link. 3. Information on applications will be sent to CRAs and will be recorded by them, including, where applicable, information on your business and its proprietors. The CRAs may create a record of the name and address of your business and its proprietors if there is not one already. 4. Where you borrow from us, we will give details of your account(s) and how you manage it/them to CRAs. 5. If you borrow and do not repay in full and on time, CRAs will record the outstanding debt. This information may be supplied to other organisations by CRAs and FPAs to perform similar checks and to trace your whereabouts and recover debts that you owe. Records remain on file for six years after they are closed, whether settled by you or defaulted. 6. If you give us false or inaccurate information and we suspect or identify fraud we will record this and may also pass this information to FPAs and other organisations involved in crime and fraud prevention. 7. If you have borrowed from us and do not make payments that you owe us, we will trace your whereabouts and recover debts. 8. We and other organisations may access and use from other countries the information recorded by fraud prevention agencies. 9. Your data may also be used for other purposes for which you give your specific permission or, in very limited circumstances, when required by law or where permitted under the terms of the Data Protection Act How to find out more This is a condensed version. If you would like to read the full details of how your data may be used for credit referencing and fraud prevention purposes, please visit our website at co-operativebank.co.uk/global/privacy-and-cookies or phone * or ask one our staff in branch. You can contact the CRAs currently operating in the UK; the information they hold may not be the same so it is worth contacting them all. They may charge you a small statutory fee. CallCredit, Consumer Services Team, P.O. Box 491, Leeds LS3 1WZ or call Equifax PLC, Credit File Advice Centre, P.O. Box 3001, Bradford BD1 5US or call or log on to Experian, Consumer Help Service, P.O. Box 8000, Nottingham NG80 7WF or call or log on to If you want to receive details of the relevant fraud prevention agencies please contact us at The Co-operative Bank, Fraud Management, Pennylands House, 1 Westgate, Skelmersdale WN8 8LP. Declaration 1. I/We can confirm that all information contained in this application is true and all material is enclosed. 2. I/We also understand that this may form the basis of any contract between the Organisation and The Co-operative Bank. 3. The Bank is requested to issue a Co-operative Bank Business charge card to the individual(s) whose name(s) is/are set out in the Business Credit Individual Card Users form. The card is to be subject to The Co-operative Bank Business charge card conditions of use, a copy of which has been provided and is approved and by which we agree to be bound. 4. The Bank is authorised to debit the business current account held with the Bank (details below) with all transactions effected under such Business charge cards together with any fees for the issue and renewal of such Business charge cards and the liability for any overdraft so created, together with interest is accepted by the organisation. Account title Sort code Account number 2

3 Section 1 Important information Declaration continued 5. The Bank is authorised to make any amendments to the list of cardholders, including the addition thereto from time to time of such individuals as may be advised to the Bank in writing by an appropriately authorised person (e.g. a Director in the case of a company, a Member, a Partner or an individual). 6. This authority shall remain in force notwithstanding any change in the constitution or name of any company, LLP, or partnership, and shall apply notwithstanding, in the case of a company or LLP, any change in the membership of the company or LLP and, in the case of a partnership, any change in the membership of the partnership due to death, bankruptcy, retirement or otherwise or the admission of any new partner or partners. 7. The Bank is authorised to make any searches with credit reference agencies which will keep a record of that search to confirm the details of this application for credit assessment. 8. These instructions shall be governed by and construed in accordance with English Law. 9. In the case of partnerships, LLPs and companies, the Partner, Member or Director who signs this confirms that he/she has the authority to sign for all Partners, Members or the company (respectively), that he/she has read the terms and conditions attached and agrees on behalf of himself/herself and all his/her Partners, Members or the company, as appropriate, to be bound thereby. Keeping you informed We would like to send you information about products and services supplied by ourselves or other carefully selected organisations that we believe would be of interest to you. You can inform us at any time if you do not want to receive marketing information. Please tick the relevant box(es) only if you do not want to be contacted using the following methods: by post by phone by by SMS Please tick if you would not like other companies, carefully selected by us, to contact you with details of goods and services offered by them: Financial details The credit limit will be determined by the Bank, and could be changed from time to time. You will be notified of your initial limit and any future changes in writing. You must make immediate payment to the Bank of the full amount shown due on the Monthly Business charge card reports. A fee of 2 per month will be debited to the card account in respect of the services provided for each card issued. The Bank may vary this fee at any time subject to giving you written notice. A handling charge of 2% (min. charge 1.50) will be applied to cash advances obtained by use of the card. The Bank may vary this handling charge at any time and notification of any such variation shall be given to you by the Bank. Name of organisation 1 Name (Director/Proprietor/Partner/Committee Member) If you require more than two people to sign please photocopy this section; complete and attach the additional page(s) to your application. 2 Signature Name (Director/Proprietor/Partner/Committee Member) Date Signature Date Information to be included So that we may assess your request as quickly and efficiently as possible, please provide the following additional information and tick the box to show it has been enclosed. Please provide copies of your last three years annual accounts (if available and not already held by us). Existing businesses who have not banked with The Co-operative Bank for at least three months should provide copies of the last six months statements from your former bank. In the event of a recently established business, then copies of the last six months Partners /Directors personal bank statements should be provided. Should you require any assistance when completing this form, please call Customer Services on (lines open 8am - 8pm Monday - Friday and 9am - 12pm Saturday). 3

4 Section 2 Organisation details Please ensure you write clearly in black ballpoint pen, using CAPITAL LETTERS. Business/organisation name Full name of business Company number (if applicable) Sometimes referred to as a Company Registration Number (CRN) and can be accessed through Companies House. Number Communications address Name and address to which all communications and statements for this account are to be sent. Title Forename (in full) Middle name Surname Position Communications address Business address (if different from above) House number or name and street Telephone number (including STD code) Fax number address Registered address (if different from above) House number or name and street Date of incorporation (if applicable) 4

5 Section 2 Organisation details What does your business/organisation do? (please be specific) Type of business/organisation? (please tick as relevant) Public Limited Company Private Limited Company Sole Trader Partnership Limited Liability Partnership Charity Other Time at business address Number of employees Length of time organisation established Current year end date Forecast turnover Annual turnover (from latest available account of VAT submission) Year Year Business account details Please provide your business account sort code and account number. Account number Length of time with present bank Bank name Bank address 5

6 Section 3 Personal details 1st party This section is to be completed by the Key Account Parties in accordance with your account mandate. Please provide three full years address history for each person. If necessary, provide additional information on a separate sheet and attach to your application. Title Forename (in full) Middle name(s) Surname Key Account Parties are: Directors/Members/ Designated Members/ Trustees/Committee Members/Partners. Any other name(s) you have been known as during the last six years Date of birth Nationality Position Who do you bank with? Please provide your branch sort code and account number. Account number Home address Previous home address (if moved within the last three years) Home telephone number (including STD code) Mobile telephone number address Failure to sign will result in a delay in processing your application. Personal guarantee Directors of limited company/members of LLP please note: you may be required to provide your personal guarantee to the Bank as a pre-condition to the company/llp being provided with lending facilities. If so, you will be advised accordingly and further details will be requested from you. Your consent I authorise The Co-operative Bank to search the files of one or more credit reference agencies, who will keep a record of that search, and make other enquiries The Co-operative Bank believes necessary to confirm the details on this application form and for credit assessment. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies to prevent fraud and money laundering. It is important that you read and understand the section entitled Important Your personal information at the beginning of this application form, and the Using your personal information notice provided with the terms and conditions. By signing this application you agree that we can use your information in this way. Applicant s signature 6

7 Section 3 Personal details 2nd party Title Forename (in full) Middle name(s) Surname Any other name(s) you have been known as during the last six years Date of birth Nationality Position Who do you bank with? Please provide your branch sort code and account number. Account number Home address Previous home address (if moved within the last three years) Home telephone number (including STD code) Mobile telephone number address Failure to sign will result in a delay in processing your application. Personal guarantee Directors of limited company/members of LLP please note: you may be required to provide your personal guarantee to the Bank as a pre-condition to the company/llp being provided with lending facilities. If so, you will be advised accordingly and further details will be requested from you. Your consent I authorise The Co-operative Bank to search the files of one or more credit reference agencies, who will keep a record of that search, and make other enquiries The Co-operative Bank believes necessary to confirm the details on this application form and for credit assessment. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies to prevent fraud and money laundering. It is important that you read and understand the section entitled Important Your personal information at the beginning of this application form, and the Using your personal information notice provided with the terms and conditions. By signing this application you agree that we can use your information in this way. Applicant s signature 7

8 Section 4 Individual cardholders details Applicant 1 Please issue The Co-operative Bank Business charge cards for the undermentioned, who by signing this form agree to be issued with a Co-operative Bank Business charge card and accept and abide by The Co-operative Bank Business charge card Conditions of Use. By signing this form, all cardholders authorise the Bank to search the files of one or more credit reference agencies which will keep a record of that search, and make any other enquiries the Bank believes necessary to confirm details on this form and for credit assessment. Title Forename (in full) Middle name(s) Surname If there are more than two cardholders, please photocopy this page(s) and attach the additional page to your application. Any other name(s) you have been known as during the last six years Date of birth Nationality Position Who do you bank with? Please provide your branch sort code and account number. Account number Credit limit (proportion of overall credit limit) Complete all details and ensure each cardholder has signed. Please indicate if you wish to include Cash (ATM/Branch) withdrawals to be allowed by the cardholder Yes No Bank use only Home address Failure to sign will result in a delay in processing your application. Previous home address (if moved within the last three years) Home telephone number (including STD code) Mobile telephone number address Your consent I authorise The Co-operative Bank to search the files of one or more credit reference agencies, who will keep a record of that search, and make other enquiries The Co-operative Bank believes necessary to confirm the details on this application form and for credit assessment. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies to prevent fraud and money laundering. It is important that you read and understand the section entitled Important Your personal information at the beginning of this application form, and the Using your personal information notice provided with the terms and conditions. By signing this application you agree that we can use your information in this way. Applicant s signature 8

9 Applicant 2 (if applicable) Please issue The Co-operative Bank Business charge cards for the undermentioned, who by signing this form agree to be issued with a Co-operative Bank Business charge card and accept and abide by The Co-operative Bank Business charge card Conditions of Use. By signing this form, all cardholders authorise the Bank to search the files of one or more credit reference agencies which will keep a record of that search, and make any other enquiries the Bank believes necessary to confirm details on this form and for credit assessment. Title Forename (in full) Middle name(s) Surname If there are more than two cardholders, please photocopy this page(s) and attach the additional page to your application. Any other name(s) you have been known as during the last six years Date of birth Nationality Position Who do you bank with? Please provide your branch sort code and account number. Account number Credit limit (proportion of overall credit limit) Complete all details and ensure each cardholder has signed. Please indicate if you wish to include Cash (ATM/Branch) withdrawals to be allowed by the cardholder Yes No Bank use only Home address Failure to sign will result in a delay in processing your application. Previous home address (if moved within the last three years) Home telephone number (including STD code) Mobile telephone number address Your consent I authorise The Co-operative Bank to search the files of one or more credit reference agencies, who will keep a record of that search, and make other enquiries The Co-operative Bank believes necessary to confirm the details on this application form and for credit assessment. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies to prevent fraud and money laundering. It is important that you read and understand the section entitled Important Your personal information at the beginning of this application form, and the Using your personal information notice provided with the terms and conditions. By signing this application you agree that we can use your information in this way. Applicant s signature 9

10 Total organisation credit limit Please note, total individual cardholder limits should not exceed the total organisation limit. FOR BANK USE ONLY Admin set ID numbers Team Account number allocated Account type Marketing code System decision Final decision Limit agreed Visa Approved by (signature) Name (print) 10

11 Please call * if you would like to receive this information in an alternative format such as large print, audio or Braille. The Co-operative Bank p.l.c. is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (No ). The Co-operative Bank, Platform, smile and Britannia are trading names of The Co-operative Bank p.l.c., P.O. Box 101, 1 Balloon Street, Manchester M60 4EP. Registered in England and Wales No Credit facilities are provided by The Co-operative Bank p.l.c. and are subject to status and our lending policy. The Bank reserves the right to decline any application for an account or credit facility. The Co-operative Bank p.l.c. subscribes to the Standards of Lending Practice which are monitored by the Lending Standards Board. *Calls to 0800 and 0808 numbers are free from landlines and mobiles. Calls to 03 numbers cost the same as calls to numbers starting with 01 and 02. Calls to 0845 and 0870 numbers cost 3p per minute, plus your phone company s access charge. Calls to 0844 and 0843 numbers cost 7p per minute, plus your phone company s access charge. Calls may be monitored or recorded for security and training purposes. Information correct as at 03/2017. BVAPP_11A_EDIT 03/2017